The past week was one of the busiest in recent memory for Israeli exits and funding, with three significant M&A deals and a string of AI and cybersecurity rounds — set against a backdrop of record capital flows into the ecosystem.
Three exits in one week
The biggest deal came on June 15, when Canadian payments company Nuvei — founded by Israeli-born Philip Fayer — signed a definitive agreement to acquire Payoneer for $2.75 billion in cash. Payoneer, founded in Israel before moving its headquarters to New York, will become a Nuvei subsidiary and be delisted from Nasdaq, with the deal expected to close by mid-2027. The combined entity processes over $500 billion in annual payment volume and serves 2.4 million customers across 190+ countries.
On the same day, Canadian identity security company 1Password announced the acquisition of Apono, an Israeli cybersecurity startup focused on just-in-time (JIT) access governance for humans, machines, and AI agents. The deal is valued at an estimated $250–300 million. 1Password plans to establish an Israeli R&D center with over 50 employees as a result.
A day later, on June 16, Western Union acquired GMT (G.M.T Tech Innovation Ltd.), an Israeli fintech company based in Tel Aviv's Ramat HaHayal district, for approximately $70 million (NIS 200 million). GMT employs about 100 people and specializes in local payments and money transfers. Western Union gains GMT's technology, regulatory licenses, and local transfer network — marking the company's first acquisition in Israel.
Rounds to watch — AI and cyber lead
Among the notable late-week funding rounds: Limitless Labs, an Israeli "Physical AI" startup focused on AI-driven automation for metal parts manufacturing, raised $20 million in a Series A round. The company works with clients including Jeff Bezos' Blue Origin, Cadillac F1, ISCAR, and EDGE. Tenet, a stealthy new Israeli startup providing security for autonomous AI agents, raised a $6 million Seed round — timed with research showing 85% of popular AI agents are vulnerable to security breaches. Kimba, an AI-powered sleep therapy company using scent-based interventions for PTSD and recovery, raised $6.5 million. It was founded by an ex-Israeli special forces (Oketz) veteran.
Earlier in the month, Cyera raised $600 million at a $12 billion valuation, NewCore raised $66 million for AI-era identity security, and PointFive raised $60 million for AI infrastructure cost management.
What it means
Weeks like this showcase an Israeli tech ecosystem that continues to generate large exits alongside healthy early-stage activity. The dual focus on cybersecurity and AI — which together account for roughly 60% of capital raised in the first half of 2026 — shows no signs of slowing. When three M&A deals hit in a matter of days, the word "buzz" is an understatement.
